ABSTRACT
The purpose of the study was to establish the relationship between access o micro credit
and the growth of small and medium scale enterprises in Uganda.
The study was guided by the following research objectives; to examine access to micro
credit and the growth of small and medium enterprises in Uganda, to examine the rate of
growth of SMEs accusing micro credit facilities in Uganda and to establish the relationship
between access to micro credit and growth of SMEs in Uganda.
The study was a cross sectional survey with a sample of 50 respondents comprising of
small enterprises' owners, employees from lending institutions and SMEs, workers as well,
as customers. Persons from government agencies like USSA and UlA were also selected for
this study. The data was collected using self administered questionnaires within the
confines of Kampala- industrial area. The data was analyzed using frequency tables and
charts spearman rank correlation was used to establish the relation between the study
variables.
Results of the study showed there was a significant positive relationship between access to
micro credit and the growth of SMEs in Uganda.
The researcher recommends that SMEs owners should acknowledge the contribution of
credit facilities towards the growth of their enterprises and thus should devise means to
overcome the challenges of inadequate collateral a high rates of interest entrenched in
accusing credit facilities from micro credit lending institutions targeting at SMEs as their
niche should also soften their lending terms. This is likely to increase access to micro credit•
facilities and accelerate sustainable growth of SMEs
Research, S. (2022). ACCESS TO MICRO-CREDIT AND THE GROWTH OF SMALL AND MEDIUM ENTERPRISES (SMES) IN UGANDA. A CASE STUDY OF KAMPALA-INDUSTRIAL AREA KAMPALA DISTRICT. Afribary. Retrieved from https://afribary.com/works/access-to-micro-credit-and-the-growth-of-small-and-medium-enterprises-smes-in-uganda-a-case-study-of-kampala-industrial-area-kampala-district
Research, SSA "ACCESS TO MICRO-CREDIT AND THE GROWTH OF SMALL AND MEDIUM ENTERPRISES (SMES) IN UGANDA. A CASE STUDY OF KAMPALA-INDUSTRIAL AREA KAMPALA DISTRICT" Afribary. Afribary, 16 Aug. 2022, https://afribary.com/works/access-to-micro-credit-and-the-growth-of-small-and-medium-enterprises-smes-in-uganda-a-case-study-of-kampala-industrial-area-kampala-district. Accessed 26 Nov. 2024.
Research, SSA . "ACCESS TO MICRO-CREDIT AND THE GROWTH OF SMALL AND MEDIUM ENTERPRISES (SMES) IN UGANDA. A CASE STUDY OF KAMPALA-INDUSTRIAL AREA KAMPALA DISTRICT". Afribary, Afribary, 16 Aug. 2022. Web. 26 Nov. 2024. < https://afribary.com/works/access-to-micro-credit-and-the-growth-of-small-and-medium-enterprises-smes-in-uganda-a-case-study-of-kampala-industrial-area-kampala-district >.
Research, SSA . "ACCESS TO MICRO-CREDIT AND THE GROWTH OF SMALL AND MEDIUM ENTERPRISES (SMES) IN UGANDA. A CASE STUDY OF KAMPALA-INDUSTRIAL AREA KAMPALA DISTRICT" Afribary (2022). Accessed November 26, 2024. https://afribary.com/works/access-to-micro-credit-and-the-growth-of-small-and-medium-enterprises-smes-in-uganda-a-case-study-of-kampala-industrial-area-kampala-district